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  • Industrial Products2

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    alishah64
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    Industrial products aid producers and come in three types: materials and parts which are production inputs like raw materials; capital items like machinery that are used repeatedly but not consumed; and supplies and services that are required for production but not directly used, such as cleaning or maintenance products.

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    Industrial products aid producers and come in three types: materials and parts which are production inputs like raw materials; capital items like machinery that are used repeatedly but not consumed; and supplies and services that are required for production but not directly used, such as cleaning or maintenance products.

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    Attribution Non-Commercial (BY-NC)
    Download as RTF, PDF, TXT or read online from Scribd
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    17 views1 page

    Industrial Products2

    Uploaded by

    alishah64
    Industrial products aid producers and come in three types: materials and parts which are production inputs like raw materials; capital items like machinery that are used repeatedly but not consumed; and supplies and services that are required for production but not directly used, such as cleaning or maintenance products.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as RTF, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Industrial or producer

    products aid the producer in his or her production process. The different types of industrial products are materials and parts, capital items and supplies and services.

    Materials and Parts:


    These include products which are used in the production process as inputs. The best examples are raw materials and purchased inputs.

    Capital Items:
    These products are not consumed in the production process, but are used repeatedly in the production process. Examples are machinery and buildings.

    Supplies and Services:


    Supplies are those items which are not directly used in the production process but which are still required if the production has to take place such as lubricating oil and brooms to clean the factory floor. These are the different types of consumer and industrial products.

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